patrick.net

I don't say it's a bad investment, just do your own research and see how it fits your portfolio. My personal opinion, among the CA funds, NAC is the most attractive right now; I have a substantial holding. Had a couple other CA munis but swapped them for national funds, which have market yields > 6% right now (e.g. NZF).

FP says

I don't say it's a bad investment

Bonds have been in the last day. EM local currency bonds moved 7% down since yesterday. I don't remember a move like that. Is this a good buying opportunity or are we in a new world?

Buying opportunity

Nothing changed

tr6 says

I guess if Republicans and Trump put on more debt than Bush and Obama

Good point! Thought I had thought of everything. Missed the debt situation.
Any problems the USA has will be on the Republicans.
There will be no Clinton to blame.

errc says

Nothing changed

One must be brilliant to change The Rigged Wall Street Casino.
You gamblers,please set a limit for you losses!

Thunderlips Licks Shill Tears says

When the Chinese ballistic launched warhead slams into the USS Nimitz and kills 1000 sailors, it was because of a variety of technologies engineered from US plants that subcontracted to Chinese firms in the guidance system.

There was an article about these new Chinese Missiles. Why CNN and MSNBC did not report is part of their ongoing propaganda to protect their political allies, at the cost of the very nation that they claim to have an unbiased reporting viewpoint. Now we know for sure.

The US must become a nation not of democrats or republicans, we must work together in good faith. Repubs should not gloat, and Dems should not feel they are due their candidate because they believed this false propaganda. Verily we now see slivers of the methods of which the Russia became the USSR.

The recouping of jobs, the reduction of monster governments and regulations must be started.

With bond funds, if your investment horizon equals the duration of the fund (check it on Morningstar) variations in interest rates are not important. If rates increase, bond prices fall but yields increase and over the duration of the fund the two cancel out. In my taxable account, where my muni funds are, I don't trade much, just buy with new cash and do tax harvesting now and then. WIth NAC, I'll wait a bit longer before buying more. CEF funds are like trains - once they start going in one direction it takes a while to stop them.

Gary Anderson says

According to Edward Lambert, that won't help. It will help people, but not the GDP. That is what FDR ran into when he did the same. Jobs actually were fewer in 1939 than in 1931. Now, I am not saying it would not help people, but it will likely not help GDP because infrastructure times out. It cannot be sustained.

Infrastructure spending does not have to be sustained. It will jump start the economy.

"Democratic leaders—including emerging ones like a young, charismatic Arkansas lawyer named Bill Clinton—saw a fork in the road, and the path to victory was in abandoning working people."

Question: When Clinton was working on NAFTA did he realize the long term effect? When the debate with Perot was recorded, it shows a smug smile on Clintons face.

DID CLINTON FOREKNOW THE NEGATIVE EFFECTS, OR WAS JUST MAKING A WHAT HE THOUGHT WAS A GOOD DEAL.............?

Mick Russom says

So wipe the checkerboard clean and play checkers again with black and white chips. All the while you are landed with plebeian slaves telling them this is progress.

Sometimes you have to break a few eggs to make an omelet. The real world isn't linear.

zzyzzx is deplorable says

You do realize that this demonstrates the hypocrisy of both the left and the right. Also, such hypocrisy is hardly surprising as its a core aspect of conservatism and the left and the right are both conservative camps. You don't hear liberals bitching about the election, and we certainly didn't get what wanted. Show me a video clip of Noam Chomsky saying that Trump is not his president.

Republicans really want to get those establishment big govt. SOCIALIST jobs.

Republican motto: Where's my Tax dollar pay check.?

Yeah, high service growth in the UK, two days of massive upswings to the DJIA after Trump Elected.

@Tatupu @Rashomon

Dan8267 says

Sometimes you have to break a few eggs to make an omelet. The real world isn't linear.

Let's just hope the liberals learn something. So far, they're hamstering their asses off, blaming whiteness, white women, etc. instead of tight relationship with Banks, Outsourcing and Uncontrolled Borders.

I see a lot of doubling down. The only people that are saying the right things now were said it before the election, like Greenwald.

Strategist says

HEY YOU says

Strategist says

massive infrastructure spending.

"Show me the money!"


Trick Question: From where does the money suddenly appear?


Maybe other programs?


T.Q #2 From where does the money in other programs suddenly appear?

Borrowing.

I'm glad it didn't come from any american's tax burden. lol

Hey You is so damn slooooow.

We don't need any taxes.
We can borrow the money.

Trump will eliminate all taxes.
GREATEST! PRESIDENT!,EVER!

Make Ameirca Great Again. there's an App for that! Who knew?

Thunderlips Licks Shill Tears says

Let's just hope the liberals learn something. So far, they're hamstering their asses off, blaming whiteness, white women, etc. instead of tight relationship with Banks, Outsourcing and Uncontrolled Borders.

Leftists, not liberals. Remember, we liberals hated the Bush and Obama administration, and we hate both Trump and Hillary. And pretty much for all the same reasons, at least for three of those.

Liberals are the Bernie or Bust people and the Jill Stein people. And it looks like most of the Bernie or Bust people just stayed home, which is why voter turnout was so low and the Republicans took both chambers of Congress. They aren't the ones crying today.

jazz music votes early says

Even you observe that Trump's electorate base are people who are celebrating mostly their emotional buttons getting pushed and others observed they all want to join hands to scream out a big "FUCK YOU" to their mostly miserable plights of lost homes, retirements, careers, etc. and "FUCK YOU" to the poor people who have been continually thrown in their faces to account for the big drain on their lives.

I don't think I said that. I see a tremendous number of people blaming Trump on idiots, racists, uneducated, etc... And you now "emotional buttons getting pushed".
All these people are stuck in their bubbles and refusing to recognize that there is indeed a real problem that is not due to people being emotional and idiots. The middle class is rapidly disappearing and leaving behind 60% poor, maybe only the top 20% actually ok, and the top 0.1% making up like bandits.

As far as what I said above, this is clear: Trump has shown himself a far more competent campaigner than most thought he would.
But now the campaign is over, this is a different bull game: actual policy, administration and DC politics sausage making.

If congress republicans think they will continue their game and change nothing - which they will almost certainly do - then we may well be going toward a national catastrophe.

Heraclitusstudent says

If congress republicans think they will continue their game and change nothing - which they will almost certainly do - then we may well be going toward a national catastrophe

The sooner we pay the piper, the more likely we can actually afford the bill.

jazz music votes early says

wait that only adds up to 80.1%

The remaining are struggling between poor and ok.

Peter P says

Heraclitusstudent says

If congress republicans think they will continue their game and change nothing - which they will almost certainly do - then we may well be going toward a national catastrophe

The sooner we pay the piper, the more likely we can actually afford the bill.

We are never going to pay the bill.

Dan8267 says

Liberals are the Bernie or Bust people and the Jill Stein people. And it looks like most of the Bernie or Bust people just stayed home, which is why voter turnout was so low and the Republicans took both chambers of Congress. They aren't the ones crying today.

This in from Bernie :

Trump's first order of business is discipline for the Ryan-McConnell wing. He saved the GOP's bacon this year.

https://www.reddit.com/r/Sorosforprison/

Rew says

Very clear why education is now a major priority for Dems.

Then how come there are no economically disadvantaged kids going to school in your neighborhood?

Russia and Syria have publicly announced wanting peace with US. DOW is at record level. Canada announces they are willing to renegotiate NAFTA with the US. It's only been two days.WINNING!

zzyzzx is deplorable says

Russia and Syria have publicly announced wanting peace with US. DOW is at record level. Canada announces they are willing to renegotiate NAFTA with the US. It's only been two days.WINNING!

Perhaps Trump is the first president who can hang a "Mission Accomplished" during his inauguration ceremony?

http://www.politico.eu/article/yes-president-marine-le-pen-is-now-more-possible-trump-clinton/

Yes, President Marine Le Pen is now more possible

The underlying trends that carried Trump to power are also present in France, and they are likely to fuel an inordinately strong performance by Le Pen next May — perhaps even her victory.

I gotta catch up with this thread, but Ima gonna leave this here:

Denial ain't a river in Egypt, "Centrist" Democrats:

zzyzzx is deplorable says

http://www.politico.eu/article/yes-president-marine-le-pen-is-now-more-possible-trump-clinton/

Yes, President Marine Le Pen is now more possible

The underlying trends that carried Trump to power are also present in France, and they are likely to fuel an inordinately strong performance by Le Pen next May — perhaps even her victory.

So, the post-war powers will still have two women leaders in 2017.

Am I drunk or something? Marine Le Pen's current odds on PredictIt is BETTER than Trump's on Monday.

Trump wins and world gets a message...don't fuck with America.

Heraclitusstudent says

The French are leftists. They would never elect Trump. It's extremely unlikely that Le Pen could pass the 50% of votes in the runoff.

Le Pen is a leftist by US standard.

It's no surprise that Hillary lost and Bernie would have won. Pick the most hated senator instead of the most liked one? And pick the establishment candidate over the anti-establishment on during the biggest anti-establishment election in U.S. history? Stupid doesn't begin to cover this.

www.youtube.com/embed/eKztHPHUqGU

It's no surprise that Hillary lost and Bernie would have won. Pick the most hated senator instead of the most liked one? And pick the establishment candidate over the anti-establishment on during the biggest anti-establishment election in U.S. history? Stupid doesn't begin to cover this.
======================

They just wanted the next president to be a woman so bad that they were blind to everything else. The ends justified the means.

turtledove says

They just wanted the next president to be a woman so bad that they were blind to everything else. The ends justified the means

Ivanka 2024?

Dan8267 says

It's no surprise that Hillary lost and Bernie would have won.

woulda coulda shoulda. Get over it.

Peter P says

Ivanka 2024?

Vs Chelsea?

Heraclitusstudent says

Peter P says

Ivanka 2024?

Vs Chelsea?

LOL! If Trump is still president in 2024 then it is going to be Mike Pence on the ticket.

jazz music votes early says

WTF would you have us learn? That Ayn Rand rules? That trickle down is the greatest economic theory ever? That's a far cry from the guarantees we and even taxpayers abroad are subsidizing for the .1% who appoint themselves as winners via political donations.

How about "Don't take money from Wall Street and Banks for speeches and appearances moments before you announce your Presidential Campaign"